Bonmarché, UK’s largest women’s value retailers, has unveiled its financial report for the third quarter ended 24th December, 2016.
In the reporting period, the company’s total sales increased 3.3 per cent. The store LFL sales were up 0.8 per cent, whereas online sales jumped 3.8 per cent from last year. However, total sales for the 39 weeks period declined 1.3 per cent. In this period, store LFL sales plugged 5.3 per cent while for online sales, it dived 2.1 per cent.
Helen Connolly, Chief Executive Officer, Bonmarché said, “Given the backdrop of the current trading environment, our third quarter store sales were satisfactory, particularly in light of the business still being in the early stages of its turnaround. The online performance was poor, and this continues to be a key area of focus. There remains a degree of uncertainty as to trading conditions as we enter our final quarter.”
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The fashion labels also reported its financial results for the month of December. The total sales improved 1.5 per cent in the particular month. The store LFL sales increased 3.4 per cent, whereas online sales noted a jump of 14.3 per cent.
